GIFI · As filed with the SEC
Gulf Island Fabrication balance sheet, by quarter
The statement as Gulf Island Fabrication presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD
| USD | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 | Q1 2024 Mar 31, 2024 | Q4 2023 Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 23,206,000 | 46,825,000 | 28,636,000 | 27,284,000 | 21,328,000 | 9,509,000 | 32,469,000 | 38,176,000 |
| Restricted cash | 1,197,000 | 1,197,000 | 1,197,000 | 1,197,000 | 1,475,000 | 1,475,000 | 1,475,000 | 1,475,000 |
| Short-term investments | 40,156,000 | 14,167,000 | 37,639,000 | 38,784,000 | 44,022,000 | 52,115,000 | 27,352,000 | 8,233,000 |
| Contract receivables and retainage, net | 35,686,000 | 27,836,000 | 25,407,000 | 22,487,000 | 23,504,000 | 33,433,000 | 26,892,000 | 36,298,000 |
| Contract assets | 11,679,000 | 7,727,000 | 10,073,000 | 8,611,000 | 5,815,000 | 2,221,000 | 4,905,000 | 2,739,000 |
| Prepaid expenses and other assets | 3,602,000 | 4,911,000 | 5,616,000 | 5,139,000 | 4,073,000 | 4,257,000 | 4,634,000 | 6,994,000 |
| Inventory | 2,716,000 | 2,735,000 | 3,012,000 | 1,907,000 | 2,266,000 | 2,331,000 | 2,004,000 | 2,072,000 |
| Assets held for sale | — | — | — | — | — | — | — | 5,640,000 |
| Total current assets | 118,242,000 | 105,398,000 | 111,580,000 | 105,409,000 | 102,483,000 | 105,341,000 | 99,731,000 | 101,627,000 |
| Property, plant and equipment, net | 21,992,000 | 22,777,000 | 22,933,000 | 24,051,000 | 24,684,000 | 24,535,000 | 24,501,000 | 23,145,000 |
| Goodwill | 3,606,000 | 3,606,000 | 2,217,000 | 2,217,000 | 2,217,000 | 2,217,000 | 2,217,000 | 2,217,000 |
| Other intangibles, net | 821,000 | 876,000 | 522,000 | 557,000 | 593,000 | 628,000 | 664,000 | 700,000 |
| Other noncurrent assets | 2,065,000 | 1,691,000 | 910,000 | 982,000 | 791,000 | 542,000 | 645,000 | 739,000 |
| Total assets | 146,726,000 | 134,348,000 | 138,162,000 | 133,216,000 | 130,768,000 | 133,263,000 | 127,758,000 | 128,428,000 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | 18,067,000 | 6,464,000 | 9,518,000 | 5,801,000 | 5,538,000 | 9,017,000 | 6,625,000 | 8,466,000 |
| Contract liabilities | 981,000 | 2,078,000 | 934,000 | 1,278,000 | 1,479,000 | 4,129,000 | 1,740,000 | 5,470,000 |
| Accrued expenses and other liabilities | 13,259,000 | 13,116,000 | 11,220,000 | 13,180,000 | 14,161,000 | 12,884,000 | 13,390,000 | 14,836,000 |
| Long-term debt, current | 1,117,000 | 1,117,000 | 1,117,000 | 1,117,000 | 1,075,000 | 1,075,000 | 1,075,000 | 1,075,000 |
| Total current liabilities | 33,424,000 | 22,775,000 | 22,789,000 | 21,376,000 | 22,253,000 | 27,105,000 | 22,830,000 | 29,847,000 |
| Long-term debt, noncurrent | 17,881,000 | 17,884,000 | 17,886,000 | 17,888,000 | 18,925,000 | 18,925,000 | 18,925,000 | 18,925,000 |
| Other noncurrent liabilities | 1,117,000 | 931,000 | 782,000 | 850,000 | 791,000 | 551,000 | 559,000 | 685,000 |
| Total liabilities | 52,422,000 | 41,590,000 | 41,457,000 | 40,114,000 | 41,969,000 | 46,581,000 | 42,314,000 | 49,457,000 |
| Shareholders’ equity: | ||||||||
| Common stock, no par value, 30,000 shares authorized, 15,999 shares issued and outstanding at September 30, 2025 and 16,346 at December 31, 2024 | 11,308,000 | 11,309,000 | 11,645,000 | 11,669,000 | 11,667,000 | 11,688,000 | 11,752,000 | 11,729,000 |
| Additional paid-in capital | 104,816,000 | 104,828,000 | 107,865,000 | 108,065,000 | 108,059,000 | 108,238,000 | 108,825,000 | 108,615,000 |
| Accumulated deficit | (21,820,000) | (23,379,000) | (22,805,000) | (26,632,000) | (30,927,000) | (33,244,000) | (35,133,000) | (41,373,000) |
| Total shareholders’ equity | 94,304,000 | 92,758,000 | 96,705,000 | 93,102,000 | 88,799,000 | 86,682,000 | 85,444,000 | 78,971,000 |
| Total liabilities and shareholders’ equity | 146,726,000 | 134,348,000 | 138,162,000 | 133,216,000 | 130,768,000 | 133,263,000 | 127,758,000 | 128,428,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.